Please Please If Anyone Has Any Ideas!
If any one can give me advise, I would greatly appreciate it. Due to a seperation, my husbands family is forcing me to loose everything we invested in this house. I live in a home that is in the name of my mother-in-law and it will go to sheriffs sale in approx. 2 weeks. My husband and I have paid the mortgage on this property and put 60,000. down for the purchase with the agreement that it is our responsibility. After marriage problems last spring-my mother-in-law has forced the house to be forclosed on because she would not allow us to communicate with the bank or pay them and she put the house up for sale. Well we all new it was a matter of time before it sold or was taken. My well after 9 months on the market we found a buyer that we were willing to go with so that something would come out of it so we could walk away with a few dollars then 2 days before the closing we find their is an oil leak and it will cost 12,000. to abondon tank and convert. Well to make it quick-the buyers walked. Now Iam faced with loosing everything. My parents have stepped up and are willing to pay 20,000. in back mortgage payments, but only if the house is deeded to myself or my daughters-they don't trust my mother-in law. I cannot get a mortgage this quick or with my income alone. Is there any hope in saving this house-we have already used up our extensions and the mortgage company doesn't want to deal with bargaining because they feel we are playing games because right before the closing it was called off and the judge had granted 3 extentions so that we could close. We live in NJ and I have 4 minor kids-any hope anyone?
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